Assignment, Mortgage, Etc. 11. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors and assigns, expressly covenants, that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Assignment, Mortgage, Etc. 11. Tenant for itself, its heirs, that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of the covenant, or the acceptance of the assignee, under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or under letting.
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, successors and assigns, expressly covenants that it shall not assign, mortgage or encumber this Lease, nor underlet, or suffer or permit the Demised Premises or any part thereof to be used by others without the prior written consent of Landlord (which consent shall not be unreasonably withheld, delayed or conditioned) in each instance except as otherwise set forth in Article 42. Transfer of the majority of the stock of a corporate Tenant shall be deemed an assignment of this lease except as set forth in Article 42. If this lease be assigned, or if the Demised Premises or any part thereof be underlet or occupied by anybody other than Tenant, Landlord may, after default by Tenant, collect rent from the assignee, under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Landlord to an assignment or underletting shall not in anyway be constructed to relieve Tenant from obtaining the express consent in writing of Landlord to any further assignment or underletting.
Assignment, Mortgage, Etc. 11. (A) Tenant shall not without having first obtained Landlord's written consent thereof (i) use or permit the Demised Premises or any part of the same to be used for any purpose other than to that specified in this lease, (ii) assign or transfer, by operation of law or otherwise, this lease or any interest therein, (iii) mortgage or encumber the same, (iv) sublet or underlet the Demised Premises or any part thereof, or (v) permit the same to be occupied by anyone other than Tenant or Tenant's officers and employees. A transfer of control or ownership of more than twenty (20%) per cent of the shares of Tenant, if Tenant is a corporation, or of more than twenty (20%) per cent of the total partnership interests in Tenant, if Tenant is a partnership, shall be deemed an assignment of this lease requiring the consent of Landlord pursuant to this Article. In the event that Tenant shall desire to assign this lease, sublet the whole or any part of the Demised Premises or permit the same to be occupied by any person other than Tenant, its officers or employees, Tenant shall submit in writing to Landlord the name of the proposed assignee, subtenant, or occupant, the nature of and character of its business, the terms and conditions of the proposed assignment or subletting, information as to the financial responsibility and standing of the proposed subtenant or assignee and such other information as Landlord may reasonably request, and, simultaneously, with such submission, Tenant shall deliver to the Landlord a written agreement, in a form satisfactory to Landlord, fully executed and acknowledged by Tenant surrendering to Landlord the entire Demised Premises, if an assignment is proposed, or if a subletting is proposed, then the portion of the Demised Premises proposed to be sublet or to be occupied by a person other than Tenant. Such surrender agreement shall also provide that if a portion of the Demised Premises is to be surrendered, Tenant, at its expense, will erect the partitions required to separate the portion of the Demised Premises to be surrendered from the remainder of the Demised Premises and shall install any doors required to provide an independent means of access to the portion of the Demised Premises to be surrendered from the elevators and/or staircase on the floor and shall install all other equipment or facilities which may be required either by law or otherwise in order to permit the portion of the Demised Premises to be surrendered to be used as...
Assignment, Mortgage, Etc. 11. Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, successors and assigns expressly covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of the covenant, or the acceptance of the assignee, under-tenant or occupancy as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting. Electric Current:*
Assignment, Mortgage, Etc a. The Company shall not assign, mortgage, sublet or otherwise transfer this Agreement provided however that any of the rights and powers granted by this agreement or any interest therein may be transferred with the prior written consent of the Government.
Assignment, Mortgage, Etc. A. Tenant shall have the right to assign this Lease or the leasehold estate created hereby without the consent of Landlord. Tenant shall have the right to sublet all or any portion of the Demised Premises without the consent of Landlord, including, without limitation, the right to enter into Subleases that extend beyond the Term of this Lease.
Assignment, Mortgage, Etc a. The Company shall not assign, mortgage, sublet or otherwise transfer any interest in the Licensed Area without the prior written consent of the Government.
Assignment, Mortgage, Etc of the Lease is amended as follows:
Assignment, Mortgage, Etc a. The Company shall not transfer, assign, or mortgage an interest in the Licence, or enter into an option or joint venture agreement in respect of the Licence, or deal in the Licence in any manner without the prior written consent of the Minister.
